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Nebius Group N.V. (NASDAQ: NBIS) stock continued its upward momentum on Friday following a BNP Paribas upgrade and reported GPU cloud price hikes.
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Nebius Group stock jumps following a BNP Paribas upgrade to $399 and a planned 20% GPU cloud price increase amid tight AI computing capacity.
BNP Paribas analyst Daniel Wang upgrades Nebius Group (NASDAQ:NBIS) from Neutral to Outperform and raises the price target from $260 to $399.